For sale

905 Mckinnon Drive Ne , Calgary, Alberta T2E 6A6

Description

Built in 2010, this is a superior building in both quality and design throughout. Offering 5 premium two-bedroom units and a 6th office/boardroom space of approx. 700 SqFt (that could be converted to a large studio 1 bedroom suite), this corner lot building sides on to an alley and back feeder lane, has dedicated parking stalls, and a garage for the luxury oversized owners suite - which occupies the majority of the top floor. Beautiful aesthetics include stucco finish with stone and wood accents, multi-chambered pvc windows and thoughtful landscaping including a stamped concrete walkway to the covered entrance. Current design allows for top floor owner suite with adjacent private office space, or slight redesign the office to generate more tenant revenue which could easily command an additional $1500/mo. Two walkout units enjoy large windows and generous proportions with 9ft ceilings. The main floor units, with 8ft ceilings, offer slightly higher specifications, with engineered flooring and fireplace(s). The 2nd level 'owners' suite is very well appointed with PRIVATE ELEVATOR to the garage, 2bds and an additional flex room, granite countertops, vaulted ceilings and substantial windows, offering excellent views of the west rear exposure to the mountains. All units have central A/C. Located in the established and stable community of Mayland Heights, near schools, just west of Barlow Trail and 5Kms from the International Airport. With property values and rents increasing due to unprecedented demand, this premium building is both underutilized and could easily benefit from significantly updated rents. Operating expenses of approx. $53000 and total income possible from $145000 to $185000, this is an excellent stable & enduring value for the discerning investor. Proforma attached in supplements along with building drawings, RPR etc. Flexible possession is available with leases assumed. (id:51913)

Key Details

  Multi-Family
 7083 sqft

Price

$2,850,000

Property Features

  • MLS® Number A2123733
  • Price $2,850,000
  • Square Footage: 7083 sqft
  • Property Type: Multi-Family
  • Community Name: Mayland Heights
  • Parking Space Total 8
  • Plan 5106jk

Buildings

Constructed Date 2010 Construction Material Wood Frame
Cooling Type Central Air Conditioning Exterior Finish Stone, Stucco
Foundation Type Poured Concrete Heating Fuel Natural Gas
Size Exterior 7083 Sqft Size Interior 7083 Sqft
Total Finished Area 7083 Sqft Type Multi-family

Land

Acreage No Size Depth 19.8 M
Size Frontage 34.18 M Size Irregular 677.00
Size Total 677 M2|7,251 - 10,889 Sqft Size Total Text 677 M2|7,251 - 10,889 Sqft
Zoning Description M-c1

Agents and Offices

  • Steven Hill
  • Office: Sotheby's International Realty Canada
Address

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